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Cooperation negotiations at Alma Intermedia Oy ended

ID: 1110110

(Thomson Reuters ONE) -


Alma Media Corporation Press release May 3, 2012 at 12:15 EEST

COOPERATION NEGOTIATIONS AT ALMA INTERMEDIA OY ENDED

Alma Intermedia Oy, an online directory and telemarketing company belonging to
Alma Media Group, has finished the statutory cooperation negotiations that began
in March, 2012. The negotiations concerned the plans to reorganise and
rationalise the company's operations. Simultaneously, Alma Intermedia is
revising its business strategy.

As a result of the negotiations that concerned all employees of the company, in
total 18 persons, the number of employees will reduce by 10 person-years. In the
beginning of the negotiations, Alma Intermedia anticipated that the number of
its employees may decrease by 11 person-years maximum as a result of the
negotiations.

The objective of the changes is to accelerate the implementation of the renewing
strategy, improve the competitiveness and operational preconditions of
suomenyritykset.fi online directory and to secure the financial position of Alma
Intermedia.


For further information, please contact:
Pasi Välimaa, Managing Director, Alma Intermedia Oy, tel. +358 40 711 8411


Alma Media in brief

Alma Media is a dynamic media company whose best-known products are Aamulehti,
Iltalehti, Kauppalehti and Etuovi.com. Alma Media employs approximately 3,000
professionals. The company's net sales in 2011 totalled MEUR 316.2 with an
operating margin of 13.3 per cent. Alma Media's share (ALN1V) is listed in the
NASDAQ OMX Helsinki Exchange. Read more at www.almamedia.com.







This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and




(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Alma Media Oyj via Thomson Reuters ONE
[HUG#1608382]



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Bereitgestellt von Benutzer: hugin
Datum: 03.05.2012 - 05:15 Uhr
Sprache: Deutsch
News-ID 1110110
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"Cooperation negotiations at Alma Intermedia Oy ended
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